Here’s why NTPC and Power Grid shares jumped today...
Motherson Sumi surged as much as 10 percent on a report that it’s in early talks with German peer Leoni over a possible merger.
The government’s stake in REC is worth more than Rs 11,000 crore at the current market price.
Shares of axle maker Bharat Forge fell the most in two years as U.S. heavy truck sales declined to their lowest in 14 months .
Sales of cars didn’t pick up for fifth straight month, while heavy truck volumes fell amid financing crunch.
Most auto companies are expected to report poor festive sales and an inventory build-up in November: BloombergQuint poll.
Hyundai Motor sold more than 8,500 Santro cars in October.
Auto makers stare at their worst festive sales in five years as higher upfront insurance costs and rising fuel prices hurt demand.
A fall in rubber and crude oil prices will help tyremakers improve their operating performance.
ING Group held 3.7 percent in the private lender as of September, according to an exchange filing.
Apollo Tyres cuts promoters pay after shareholder dissent.
Tata Motors Ltd. didn’t expect a sharp decline in China sales of its luxury car unit for quarter ended September, said its CFO.
A slow start to the festive season, higher insurance costs and fuel prices may slow down auto sales in October.
Tata Motors’ losses widened in the second quarter of the financial year.
Shares of public sector banks gained the most since the government announced the recapitalisation plan last year.
Piramal Enterprises’ real estate lending jumped 20 percent year-on-year to Rs 38,686 crore in the quarter ended September.
Bajaj Auto, Hero MotoCorp and TVS Motor Company fell between 2 percent and 8 percent since they reported their Q2 results.
Shares of Indiabulls Housing Finance tumble again, this time for a different reason.
The market value of Jhunjhunwala’s top 10 investments fell nearly 12.3 percent—Rs 1,300 crore— in the last one month.
A delayed festival season and rising fuel prices to slow down auto sales in September.
Minority shareholders reject Neeraj Kanwar’s re-appointment as Apollo Tyres MD.